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Land 153 м² in Bar, Montenegro

351 895 $

2 299 $ /м²

4Odxo
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Area

153 м2

Bedrooms

4

Land plot in Catalonia. City - Barcelona

Investment plot for the construction of a boutique hotel in Bar.
Location: Bar, Green Belt area.
Very favorable location. The plot is adjacent to a road, with a bus stop and Crvena Plaza beach nearby.
According to the cadastre, there are two registered structures on the plot:

  • house with a foundation of 115 sq.m.
  • garage: 37 sq.m.
The structures are in a non-residential state. Condition: "to be demolished"
- Plot area: 529 sq.m.
- Open sea view.
- Distance to the sea: 100 m.
Infrastructure:
  • School Anto Jedovic - 2.1 km
  • Restaurant Pino Del Mar - 300 m

  • Crvena Plaza pebble beach - 100 m

  • Market Sunce - 1 km

  • Bakery Bijeli Golub - 1 km

  • Kindergarten / playroom Carobni grad - 2 km.

An idea for the construction of a hotel with a height of P+4, including an underground parking lot, has been developed for this plot.
The value of the plot - ancient olive trees.

Communications:

  • city water supply
  • electricity at the plot boundary
  • city sewage is absent

Property price: 300,000 euros

Additional details

Property type

Land

Object type

Land

Price

351 895 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bar; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Bar short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (351 895 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Bar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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